$50 banknote revealed

Australia’s newest banknote about to enter into circulation has been revealed.

The $50 banknote has a lot of new security features as well as features to make the note easier to read by those who are visually impaired.

Like the previously released $5 and $10 notes, the $50 note has a clear top-to-bottom window.

RBA Treasurer Josh Frydenberg said: “This latest and important upgrade not only marks a hugely significant step towards equal access to society for people who are blind or have low vision, but also incorporates new, innovative security features that further protect against counterfeiting”.

“The application of the tactile features to the $50 note is particularly important given that it’s the most widely circulated banknote, with 46 percent of all banknotes in circulation being the $50 note,” Mr Frydenberg said.

“I believe, the implementation of the tactile features would have made David Unaipon and Edith Cowan proud.”

RBA Assistant Governor Lindsay Boulton said the new features will make it difficult to reproduce the notes.